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Nigeria's minimum wage

Tinubu Restructures Ministries, Sacks 5 Ministers

Tinubu Signs N70,000 Minimum Wage Bill Into Law

July 29, 2024

Nigeria’s president, Bola Tinubu, has signed the National Minimum Wage Bill into law. Tinubu signed it at the State House in Abuja during the Federal Executive Council (FEC) meeting he presided over

Criminalising Refusal To Sing Anthem Not Our Priority – Lawyer

News·Politics

National Assembly Passes National Minimum Wage Bill

July 23, 2024

Nigerian Senate and the House of Representatives on Tuesday, 23rd July 2024, passed the 2024 National Minimum Wage Amendment Bill. The Bill sent to the National on Tuesday, by President Tinubu, was given

News

Labour Gives Reasons For Accepting N70,000 Minimum Wage

July 18, 2024

Organised labour has given reasons for accepting N70,000 minimum wage approved by the Nigerian government on Thursday. Prime Business Africa reports that the Minister of Information and National Orientation, Mohammed Idris, had

Tinubu's Govt Agrees To Pay Minimum Wage Of Over N

News

I’m Committed To Just, Realistic Minimum Wage – Tinubu

July 11, 2024

President Bola Tinubu has said he is concerned about the welfare of Nigerian workers and is committed to payment of any wage that is realistic and just to them. According to the

News·Politics

Minimum Wage: Tinubu’s Meeting With Labour Leaders Ends With No Deal

July 11, 2024

Thursday’s meeting between President Bola Tinubu and leadership of organised labour over the lingering new minimum wage controversy has ended with no deal yet. Prime Business Africa had reported that Tinubu was

News·Politics

Minimum Wage: Tinubu Meets With Labour Leaders

July 11, 2024

President Bola Tinubu is currently meeting with the leadership of organised labour behind closed-door at the State House, Abuja regarding the controversial new minimum wage. President Tinubu is meeting with the Presidents

Opinion

The Living Wage Controversy

June 10, 2024

By Rev. Fr. George Ehusani The fundamental problem I have with the ongoing controversy over what is to be considered minimum wage or living wage for the poorest workers in

Labour Rejects Nigerian Govt’s N Minimum Wage Demand N

Labour·News

Labour Rejects Nigerian Govt’s N62,000 Minimum Wage, Demand N250,000

June 8, 2024

Organised labour has rejected N62,000 offered by the Nigerian government and Organise Private Sector as minimum wage and instead, proposed N250,000.

Tinubu's govt agrees to pay Over N60,000 Minimum Wage

Labour·News

Labour Suspends Nationwide Strike For One Week

June 4, 2024

Organised labour in Nigeria has suspended its nationwide strike over unresolved issues about a new minimum wage and the hike in electricity tariff.

Nigeria’s Current Economic Stress May Linger For 3 Years - Moghalu

Finance & Economy·Labour

Moghalu Recommends N100,000 Minimum Wage

June 4, 2024

Prof. Kingsley Moghalu, has recommended a minimum wage of between N75,000 and N100,000 for Nigerian workers.

Labour·News

Tinubu’s Govt Agrees To Pay Minimum Wage Of Over N60,000

June 4, 2024

President Bola Tinubu-led Federal Government has agreed to pay an amount higher than N60,000 as minimum wage to Nigerian workers.

Why Increasing Minimum Wage To At Least N100,000 Is Important - Analysts

Business News·News

Minimum Wage Increase: Prepare To Deal with Inflation, Economist Tells FG

June 4, 2024

Chief Economist and Senior Partner at SPM Professionals, Dr Paul Alaje, has stated that given the present economic realities in Nigeria, workers deserve an increase of their minimum wage but the government

Labour·News

Nationwide Strike: Nigerian Govt Again Begs Organised Labour

June 3, 2024

The Nigerian government has again pleaded with the organised labour to end the ongoing nationwide strike and return to negotiation table for a peaceful resolution of all issues regarding the national minimum

News

Labour Begins Indefinite Strike Monday Over Minimum Wage, Electricity Tariff Hike

May 31, 2024

Organised labour in Nigeria has announced its decision to embark on an indefinite nationwide strike beginning from Monday, June 3, over failure of the Federal Government to conclude negotiations on a new

Business News·News

Why Nigerian Govt Need Supplementary Budget To Pay minimum wage- IMF

May 14, 2024

Negotiations over the minimum wage for Nigerian workers may prompt the Federal Government to consider a supplementary budget to accommodate potential increases, as reported by the International Monetary Fund (IMF). The IMF’s

Labour·News

Economist Warns About Implications Of Minimum Wage Increase On Inflation

May 3, 2024

As organised labour continues to push for an increase in minimum wage for Nigerian workers, an economist Mr Soni Daniels Ezeanochie, has cautioned against over-reliance on wage hikes as a panacea for

Nigerian Workers Need New Minimum Wage But Not N1m - Moghalu

News·Politics

Mixed Reactions Trail Organised Labour’s ₦615,000 Living Wage Proposal

May 2, 2024

Mixed reactions have trailed the proposal of ₦615,000 made by organised labour as minimum wage for Nigerian workers. Amid the ongoing debate about increasing the minimum wage for workers to alleviate the

Labour·News·Politics

Why Increasing Minimum Wage To At Least N100,000 Is Important – Analysts

May 2, 2024

As talks about reviewing the minimum wage for Nigerian workers continue, economic analysts have underscored the need for the Federal Government to urgently implement it

News

If States Pay Proposed New Minimum Wage, Nigeria May Be Bankrupt – Expert

April 29, 2024

Dr Paul Alaje, Chief Economist and Senior Partner at SPM Professionals, said that though Nigerian states are currently receiving more funds in monthly allocations due to petrol susbsidy removal, the country might

NLC Blames Govt Officials For Forex Crisis, Demands Urgent Stabilisation Of Naira

News

Hardship: Labour May Settle For ₦500,000 Minimum Wage

March 7, 2024

There are indications that organised labour will reduce their minimum wage increase demand from ₦1 million to ₦500,000 as public hearing on the new wage framework begins

NACCIMA Boss, Oye, To Chair Vanguard Economic Summit 2025

News

New Minimum Wage Proposal Should Be Based On Nigeria’s Economic Realities, NACCIMA Tells NLC

February 14, 2024

NACCIMA has called on organised labour and other stakeholders to ensure that any discussions regarding raising the minimum wage are based on a proper understanding of the relevant facts and implications, and

Labour·News

Nigerian Workers Need New Minimum Wage But Not N1m – Moghalu

February 13, 2024

Former Deputy Governor of the Central Bank of Nigeria (CBN), Prof. Kingsley Moghalu has countered the proposal by President of the Nigerian Labour Congress (NLC), Comrade Joe Ajero, that organised labour might

News

New Minimum Wage: Leaked Memo Shows N1bn Request For Inauguration Of Tripartite Committee

February 9, 2024

A copy of a memo circulating on social media, signed by the Secretary to the government of the Federation (SGF), George Akume, and addressed to President Bola Tinubu, shows that the sum

Group Urges Govt To Embrace Organised Labour As Partners For Progress

News

Workers Anticipate Relief As Minimum Wage Review Talks Begin

January 31, 2024

Organized labor is poised to engage in negotiations with the Federal Government, pushing for an increase in the national minimum wage from the current N30,000. The workforce argues that the current wage

Nigeria’s Minimum Wage Now N19,355 – World Bank Says, Reveals Factors Hindering Growth

Finance & Economy·News·Top Stories

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